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A strategy consists of buying one share of a stock at $514.23 and buying one share of put on the stock with strike of $510.00.
A strategy consists of buying one share of a stock at $514.23 and buying one share of put on the stock with strike of $510.00. The put premium is $26.68 per share. If the market price of the stock is $550.45 at expiration, the profit of the strategy is $_____ . The break-even point of this strategy is $____ . The minimum profit of this strategy is_____ Dollars. (Please answer all questions except multiple choice questions as numbers with two decimal places)
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